Bharat Road Network's Q1 FY 2025-26 Quarterly Results

Result Summary

• Bharat Road Network Ltd reported a 47.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 52.6%.
• Its expenses for the quarter were down by 71.1% QoQ and 69.1% YoY.
• The net profit decreased 145.0% QoQ and decreased 221.8% YoY.
• The earnings per share (EPS) of Bharat Road Network Ltd stood at 1.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Bharat Road Network Ltd is a company engaged in the development, implementation, operation, and maintenance of road and highway projects. The company's primary services include the construction and maintenance of roads, highways, and other infrastructure projects. Bharat Road Network operates within the infrastructure development industry, where it plays a vital role in enhancing the country's road connectivity. As of the latest available data, there are no specific recent major developments provided within the current dataset.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), Bharat Road Network Ltd reported a total income of ₹51.04 crores. This represents a significant decline of 47.7% compared to the previous quarter (Q4FY25), where the total income was ₹97.61 crores. Year-over-year, the total income decreased by 52.6% from ₹107.71 crores in Q1FY25. These figures highlight a substantial reduction in the revenue generated by the company on both a quarterly and annual basis. The decline in revenue could be attributed to various factors affecting the company's operations, which are not specified in the provided data.

Profitability

The profitability metrics for Bharat Road Network Ltd in Q1FY26 show a noteworthy improvement. The company recorded a profit before tax of ₹13.77 crores, a considerable turnaround from a loss of ₹31.49 crores in the previous quarter (Q4FY25) and a loss of ₹13.05 crores in the same quarter of the previous year (Q1FY25). The profit after tax amounted to ₹13.35 crores for Q1FY26, compared to a loss of ₹29.65 crores in Q4FY25 and a loss of ₹10.96 crores in Q1FY25. This transition from a negative to a positive profit margin indicates a recovery in the company's financial performance. The earnings per share (EPS) also shifted from a negative figure of -₹3.50 in Q4FY25 to a positive ₹1.60 in Q1FY26, marking a significant change from -₹1.30 in Q1FY25.

Operating Metrics

The total expenses for Bharat Road Network Ltd in Q1FY26 were ₹37.26 crores, which shows a dramatic decrease of 71.1% from ₹129.09 crores in Q4FY25 and a reduction of 69.1% from ₹120.77 crores in Q1FY25. This considerable reduction in expenses is a key factor that contributed to the enhancement of the company's profitability for the quarter. The tax outlay for Q1FY26 was ₹0.42 crores, while in Q4FY25 and Q1FY25, the tax figures were -₹1.83 crores and -₹2.10 crores, respectively. This reflects changes in tax liabilities correlating with the shift from losses to profitability. The significant reduction in expenses alongside tax adjustments has played a crucial role in improving the company's bottom line for the quarter.